The flag of the Kingdom of Italy was similar to that of the Italian Republic, except that the square flag became rectangular in shape, and the eagle of Napoleon was added into the center of the former design. This flagged remained in use during Napoleon's rule, which lasted until 1814.
Commission Expense Accounting. A commission is a fee that a business pays to a salesperson in exchange for his or her services in either facilitating, supervising, or completing a sale.The commission may be based on a flat fee arrangement, or (more commonly) as a percentage of the revenue generated.nder the cash basis of accounting, you should record a commission when you pay it, so there is a credit to the cash account and a debit to the commission expense account. You can classify the commission expense as part of the cost of goods sold, since it directly relates to the sale of goods or services.
The state insurance commissioner or a representative is appointed receiver and begins the process of collecting assets and determining the companyâs outstanding liabilities.When this process is concluded a final distribution is made to the companyâs creditors.his is almost always less than 100 percent of what is owed; usually this final distribution is made a number of years after the company is ordered liquidated. In most cases, an estate will not yield sufficient money to pay claims in full; and most are not able to pay claims in a timely manner.